Brodogradiliste Viktor Lenac d.d (ZAG:VLEN) ROIC %: 0.00% (As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Brodogradiliste Viktor Lenac d.d ROIC %?

Brodogradiliste Viktor Lenac d.d ZAG:VLEN -2.84% ROIC % is 0.00% as of . 20. The stock has 2 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Brodogradiliste Viktor Lenac d.d's annualized return on invested capital (ROIC %) for the quarter that ended in . 20 was 0.00%.

As of today (2026-07-15), Brodogradiliste Viktor Lenac d.d's WACC % is 0.00%. Brodogradiliste Viktor Lenac d.d's ROIC % is 0.00% (calculated using TTM income statement data). Brodogradiliste Viktor Lenac d.d earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Brodogradiliste Viktor Lenac d.d  (ZAG:VLEN) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Brodogradiliste Viktor Lenac d.d's WACC % is 0.00%. Brodogradiliste Viktor Lenac d.d's ROIC % is 0.00% (calculated using TTM income statement data). Brodogradiliste Viktor Lenac d.d earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Brodogradiliste Viktor Lenac d.d ROIC % Related Terms

Brodogradiliste Viktor Lenac d.d ROIC % Historical Data

* Premium members only.

The historical data trend for Brodogradiliste Viktor Lenac d.d's ROIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Brodogradiliste Viktor Lenac d.d ROIC % Chart

Brodogradiliste Viktor Lenac d.d Annual Data
Trend
ROIC %

Brodogradiliste Viktor Lenac d.d Semi-Annual Data
ROIC %

ZAG:VLEN vs NEIK, MDEX, IPTK: ROIC % Comparison

For the Aerospace & Defense subindustry, Brodogradiliste Viktor Lenac d.d's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Brodogradiliste Viktor Lenac d.d ROIC % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Brodogradiliste Viktor Lenac d.d's ROIC % distribution charts can be found below:

* The bar in red indicates where Brodogradiliste Viktor Lenac d.d's ROIC % falls into.


Brodogradiliste Viktor Lenac d.d ROIC % Calculation

Brodogradiliste Viktor Lenac d.d's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in . 20 is calculated as:

ROIC % (A: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: . 20 ) + Invested Capital (A: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Brodogradiliste Viktor Lenac d.d's annualized Return on Invested Capital (ROIC %) for the quarter that ended in . 20 is calculated as:

ROIC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is one times the annual (. 20) data. The tax rate is limited to between 0% and 100%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 0.00% mean?
Brodogradiliste Viktor Lenac d.d (ZAG:VLEN) has a ROIC % of 0.00% as of . 20. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Brodogradiliste Viktor Lenac d.d and its competitors.
Is Brodogradiliste Viktor Lenac d.d's ROIC % too high?
Brodogradiliste Viktor Lenac d.d's current ROIC % is 0.00%.
How does Brodogradiliste Viktor Lenac d.d's ROIC % compare to NEIK and MDEX?
Brodogradiliste Viktor Lenac d.d's ROIC % of 0.00% can be compared against companies in the Aerospace & Defense industry. The industry median ROIC % is 4.24. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for an Aerospace & Defense company?
The median ROIC % among Aerospace & Defense companies is 4.24, based on 354 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Brodogradiliste Viktor Lenac d.d and its competitors. For the Aerospace & Defense industry, the median ROIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brodogradiliste Viktor Lenac d.d's current ROIC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brodogradiliste Viktor Lenac d.d stock overvalued right now?
Brodogradiliste Viktor Lenac d.d (ZAG:VLEN) has a current ROIC % of 0.00%. The current ROIC % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Brodogradiliste Viktor Lenac d.d (ZAG:VLEN), the current ROIC % is 0.00% as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Brodogradiliste Viktor Lenac d.d Business Description

Address Martinš?ica bb, P.O.Box 210, Rijeka, HRV, HR-51000
Brodogradiliste Viktor Lenac d.d is a Croatian shipbuilding company. It specializes in newbuilding ship, shiprepair and conversion and other services carried out onboard ships and other vessels.. The company is also involved in other activities such as steel constructions, organization, trade, engineering and other services..